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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, June 26, 2012

DINAR GURUS UPDATE, 26 JUNE

6-26-2012  Newshound Guru SWFloridaGuy    Locally the currency may be exchanged at branches of the Rafidain and Rasheed banks. The Iraqis will have a time limit to deposit all their dinars to facilitate the change into the lower denoms. Iraq is positioning themselves to become economic leaders both regionally and globally and no longer will they be isolated from the international community. Iraq got to where they are today with a lot of help. They received this help, not because they are a charity case, but rather because (like we do) others see Iraq's potential. Therefore in order to profit themselves, they have been willing to offer assistance in the reconstruction, rebuilding the infrastructure and revitalizing the banking sector, thus helping the CBI institute the framework for a functioning monetary policy that achieves stability.  Simply put, a revaluation is an upward change in the currency's value and that is what is on the horizon for the Iraqi Dinar! 

6-26-2012  Newshound/Intel Guru BGG    They will continue proceedings against Maliki.  He’s in some trouble and he knows it. What will be a surprise is when the Parliament officials show up at his office one morning requesting his immediate presence before the House...we haven’t seen the last of the “no confidence proceedings”. Things are just now picking up a head of steam in Parliament.  

6-26-2012  Newshound Guru SWFloridaGuy  FACT: Democratic governments only redenominate in response to hyperinflation. FACT: Authoritarian governments only redenominate in the presence of civil conflict. Neither of these conditions describe Iraq. I believe once the zeros are removed from the IQD the large notes will retain their value. I also believe a rate somewhere on par with the USD is realistic. Anywhere close to equal the USD would make it a historic revaluation. In my opinion this has all been part of a very well-orchestrated plan and the end result will be a very favorable outcome for all parties involved. We will see the removal of the zeros and a simultaneous revaluation of the currency. ["continued in post 4...stay tuned"]

6-26-2012  Intel Guru BWM    the news so far today has been very good on our behalf...I don't think there is a massive "coverup" for the RV... it will happen and prolly in relative obscurity.

6-26-2012  Newshound Guru Mike  I believe this next Parliament Session will be one of the most productive sessions for the Iraqi Parliament in a long time.  We will see laws being passed...being read...being done very quickly - We will see CBI being supported in whatever they need to do and the country trying to move forward.  They are at a key critical economic point at this time intheir future...they need to establish their economy and to make sure the central Bank is working with the government...They need to add value to this currency.  They dont want to wait and do this over a long period of time. They want to become a significant player very quickly.

6-26-2012  Intel Guru Bluwolf    IT RV'D MONTHS AGO. THIS IS JUST ITS MOVEMENT THRU ITS BANKING SYSTEM. YES, IT DID RV A WHILE BACK AND NOW WE AWIAT ITS INTERNATIONAL RELEASE. WE HAVE COME ALONG WAY AND WE ARE FINALLY THERE. 

6-26-2012  Newshound Guru Enorrste  This week should be decisive on the Maliki issue.  If so, our RV could be only days away.  I'm convinced that Shabibi wants it done either with or right after the Tariff Law goes into affect.  I suspect that by the end of this week we should have a pretty clear picture.  We've waited this long, so a few more days won't hurt us, right?

6-26-2012  Newshound Guru SWFloridaGuy  Many overlook the psychological aspect and simply focus on the economic implications. Establishing their credibility is also a major factor, not only with their own citizens but also with international capital markets. Iraq must revalue their currency if they ever hope to be respected as a borrower and a location for private investment in the eyes of global capital markets. This is NOT going to be a case of redenomination. The Iraqi dinar is not being recalibrated due to years of struggling with hyperinflation. They are one of the wealthiest countries in the world and soon their currency will reflect that. These foreign central banks that have invested so heavily into the reconstruction of Iraq will prosper and Iraq's debts will be paid.   ["continued in post 3...stay tuned"]

6-26-2012  Newshound Guru Mike    Remember...the key here is that we really do not care who runs their government per se - it needs to be set up with the Strategic Counsel or however they set that up - that needs to be inplace - once that foundation is in place and the 140s are voted on and the rules are voted on then you're there.  You've got Parliament changing and saying we need to get these things done for our people.

6-26-2012  Newshound Guru Enorrste    I will state that I  believe we are very close at this time...while we have speculated on timing now and then, we aren't so bold as to name an actual date.  We always keep the door open since the situation is "fluid" and involves a great deal of politics.  We are confident, however, that the trigger could be pulled at any moment now.  Shabibi is on record that "all preparations are complete and we are only awaiting consensus among parliament and the government to move forward".  ["continued in post 2...stay tuned"]

6-26-2012  Intel Guru Bluwolf   THERE WAS A TIME WHERE 1.49 WAS A BLESSING,THEN 3.22 WAS A BLESSING, NO WE WILL BE BLESSED WITH DOUBLE DIGITS, JUST WAIT AND ACCEPT THE END NUMBER...I CANNOT SHARE THE RATE NOR THE DATE, OK, I WANT IT DONE SAFELY AND QUICKLY...SO THAT IS WHY WE DO NOT SPEAK..PLEASE UNDERSTAND.   IT IS NO LONGER IN IRAQS HANDS.  THERE POLITICAL ISSUES ARE OF NO CONCERN FOR THE INTERNATIONAL RELEASE. IRAQ IS JUST WAITING FOR THE INTERNATIONAL RELEASE JUST AS WE.

6-26-2012  Newshound Guru SWFloridaGuy  There was an excellent article released. "The Iraqi Parliament and the Finance Committee supports the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency. The removal of three zeros is expected to raise the value of the Dinar as well as facilitate dealing with the currency and the payroll system in the country." No country has ever accomplished what Iraq is about to. They have reached this stage with a lot of help and I propose this is by design and all part of the ingenious reconstruction plan for Iraq. Economic policy is influenced by international capital markets and also by foreign central banks. This revaluation is how the government of Iraq will reassert monetary sovereignty, dedollarize and and give the citizens confidence in the national currency. ["continued in post 2...stay tuned"]

6-26-2012  Intel Guru DinarWishes   Well Peeps things look really great for this to come to a close.

6-26-2012  Intel Guru BWM   we are EXCHANGING CURRENCIES... something that happens everyday for travelers going to and from country to country... IF we sold the currencies in our banks AND CURRENCY exchange locations (not collectives exchange locations) then we can safely dictate that unless the currency is declared NON TRADABLE by OUR government then we will continue to exchange the dinar for dollars.

6-26-2012  Intel Guru Hammerman   Last night 48 media organizations were closed down in Iraq then an additional 11 were ordered to shut down. They are trying to keep information from getting out. Iraq passed 20 laws, 6 of them were related to the RV over the weekend 3 more were passed today [Monday]. Also, the CBI put some articles stating that they were doing a test run, 2 day trial period on the smart cards. They also said to prepare for new coins and new bills on the street. The HCL and Erbil were both done on Friday according to my sources.  Point blank, it's a finished deal.  It's a finished, finished thing.  Over done.

6-26-2012  Newshound Guru Mike  We have seen articles about Maliki trying to take Najafi out and other things going on.  One of the things Maliki did is close 44 news agencies in Iraq.  These things are starting to weigh very heavily on all of the political peoples minds...because it is looking alot like Sadam and what a dictator would do - Shut down the news, etc...thats why the news has been very sketchy and crazy lately...We are looking forward to things happening - this could be an exciting next couple of days...be prepared for anything to happen on the government side.

BLUWOF CHAT IN INTEL4U, 26 JUNE


[gretco] All - going to leave for a while - we do not seem to be going anywhere. Appreciate Bluwolf - know he is giving all he can to us.

[bluwolf] gretco CORRECTION, WE ARE GOING FORWARD…NOTHING HAS BEEN DOWN GRADED OR HELD UP…JUST BECAUSE YOU HAVE NOT SEEN IT DOES NOT MEAN IT IS NOT HAPPENING AS WE SPEAK

[believeinangels] bluwolf it’s a shame other site leaders took advantage if you guys

[bluwolf] believeinangels THOSE SO CALL LEADERS FROM OTHER BAD SITES HONESTLY DO NOT EITHER KNOW US AND LACK REAL INFORMATION, AND NOW THAT WE ARE NOT TALKING THEY ARE FRUSTRATED..IT'S AN EGO THING.

[gretco] bluwolf - do you think we are looking at another 2-6 months?

[bluwolf] gretco HOW FAR IN TIME DO YOU WANT THIS DREAM TO GO????
  [dealdoctor] bluwolf Would a picture of our present situation be that the arrow has ALREADY LEFT THE BOW and is heading for the target dead center but is not quite there yet at the target. The arrow is moving very fast and moving straight for the target with nothing to stop it so we KNOW we will see this HIT soon?

[bluwolf] dealdoctor GOOD THOUGHT

[gretco] perwinkle - thank you - love Bluwolf - think he is a man of GOD - will wait...........

[bluwolf] gretco SO THERE YOU GO

[captaincaveman ] Bluwolf what’s the likelihood of the release happening by the end of the month?

[bluwolf] captaincaveman VERY GOOD AT THIS TIME

[gretco] bluwolf - e have a wonderful chat - what if we sent you or someone else to Iraq and found out what is really happening?

[bluwolf] gretco THOUGH DEMOCRATIC IRAQ IS CONSIDER A HOSTILE COUNTRY,SO NO WAY

[captaincaveman ] Bluwolf Plenty of distractions in the media right now, don’t ya think?

[bluwolf] captaincaveman YES VERY MUCH SO

[gretco] bluwolf - but I realize that - Halliburton just sent in 45 Americans - how did they do that?

[bluwolf] gretco WITH ALOT OF MONEY

[dutchboy] Bluwolf what's the chance of the VND being released before the dinar?

[bluwolf] dutchboy NONE

[badgerbill] bluwolf IYHO are their still Rats in the hen house and could that be the hold-up???

[bluwolf] badgerbill NO HOLDUPS AND YES THERE ARE PLENTY OF RATS STILL AROUND

[gretco] bluwolf - OK - but we should be able to have information straight from Iraq - How?

[bluwolf] gretco SMOKE IS COMING OUT OF IRAQ RIGHT NOW; ONLY SMOKE

[TRUENORTH] bluwolf yes, corrupt money from old regime

[bluwolf] TRUENORTH LETS NOT GO THERE FOR NOW OK

[starrider] bluwolf - we have been pray for this but is there something specific we should focus our prayers on?

[bluwolf] starrider YES KNOWING THAT GOD HAS THE CONTROL AND THAT HE DID SAY IT HAS BEEN ACCOMPLISHED

[gsi3000] bluwolf HI  Sir are the banks ready for us with open arms?

[bluwolf] gsi3000 YES 100%

[DinarAddict] bluwolf what about the article that came out today says tariffs put off for another year

[bluwolf] DinarAddict SMOKE

[whitelions] bluwolf is it true That won't matter - tariffs don't trigger anything. They just make life difficult without an  RV

[bluwolf] whitelions SIMPLE TARIFFS ARE IN PLACE…IF SO YOU NEED THE REAL VALUE OF YOUR CURRENCY; IT DOES NOT WORK ANY OTHER WAY

[TRUENORTH] bluwolf doesn't it take a little time for the funds to get to IMF, even though pledged?

[bluwolf] TRUENORTH IT IS NOT UP TO THE IMF ANYMORE AS PER CNN NEWS 2 WEEKS BACK. FEDERAL RESERVE TOLD THEM TO STEP DOWN

BLUWOLF - ALL COUNTRIES INVOLVED MUST GET TO THE BOTTOM OF THERE PROBLEMS. THE SOLUTIONS ARE UP TO THEM. THE FED ISSUE IS JUST COMPLICATED AND I WILL NOT EXPLAIN AT THIS TIME AS TO WHY. BUT THEY ARE NO LONGER A THREAT, JUST LEAVE IT THERE

[noway37] bluwolf so who are the big dogs with the say in this??

[bluwolf] noway37 YOU ALL KNOW WHO, PLEASE DO NOT ASK ANY QUESTION THAT HAS BEEN COVERED BY ME OR OTHERS IN THE PAST, ONCE EDUCATED ALWAYS EDUCATED..

[whitelions] bluwolf how can you say just leave it there we are adults with Q

[bluwolf] whitelions I GUESS THAT YOU SEEM NOT TO JUST UNDERSTAND THE SENSITIVITY BEHIND ALL SUBJECTS THAT PERTAIN TO THIS. THE ANSWER IS AND WILL BE JUST LEAVE IT THAT WAY..SORRY.  WHEN I SPOT DRIFTING I WILL JUST STOP THE ISSUE..OK

[captaincaveman ] Bluwolf truth or smoke about Maliki and Shabibi flying to Europe recently to papers?

[bluwolf] captaincaveman MAYBE SO MAYBE NOT SO

[captaincaveman ] Bluwolf Do you think that all these bank downgrades and country bailouts are for real or just a ploy by the PTB to manipulate markets and economies where they need to be before the release and global reset?

[bluwolf] captaincaveman ALL THE ABOVE AND AS ADULTS PLEASE SEE IT AS THE SHOW THAT IT REALLY IS

[perwinkle] bluwolf if there were a bottom line for today what would it be...I love to get to the bottom line of issues if you will please.

[bluwolf] perwinkle BOTTOM LINE WE ARE SECOND TO SECOND..PERIOD!

[bamatom] bluwolf I think I understand the prices of Gold, Silver and the market but I understood hey wanted oil above $90, will the current price of $80 hold this up thanks

[bluwolf] bamatom PLEASE, FOR THE LAST TIME, WITH ALL RESPECTS; THAT WORD “HOLD UPS” DOES NOT EXIST CAN YOU GET IT

[RVPlease] bluwolf you've been using the phrase "second to second" for months now. I'm wondering if you thought months and months ago that we'd make it to late June without an international release of the RV.

[bluwolf] RVPlease NO FRIEND JUST IN THE LAST 3 WEEKS.  FRIEND WE ARE SECOND BY SECOND, WHY, BECAUSE I KNOW SO. WHEN READY WE SHALL GET OUR  RV  CALL AND YOU ARE GOOD TO GO CASHIN

[chickenfry] bluwolf; do u still think/know it will be 20 currency's?

[bluwolf] chickenfry HONEY YOU KNOW THAT THERE ARE 20

[RVPlease] bluwolf thanks - I wish I had the knowledge you had to bolster my faith

[bluwolf] RVPlease YOU DO, JUST ASK GOD TO MAKE YOU WISE AND YOU SHALL SEE ALL THAT I CAN

[chickenfry] bluwolf; don't be so mean

[bluwolf] chickenfry NEVER TO YOU BABES, DID YOU RECIEVE THE BLUE DIAMOND I SENT YOU BY FED X

[highlander65] bluwolf agree always a big show on our controlled media - hope you are well today amigo!!

[bluwolf] highlander65 CORRECT

[woodguy 6250] If no hold ups then what is delaying this for so long?

[bluwolf] woodguy 6250 SEE HOLD UP AND DELAY MEANS THE SAME THING

[highlander65] bluwolf are you sending out blue diamonds WOW - very nice - very rare...got an extra one

[bluwolf] highlander65 YEA A COUPLE

[bamatom] bluwolf On Fox Business right now saying would not be surprised if the Euro zone broke apart and oil continues to fall Just info :))

[bluwolf] bamatom GOD WANTS THIS TO GO THIS WAY, I PREDICTED IT AND HERE IT IS

[noway37] bluwolf I know ya will not talk rates. I am not asking what it is... BUT I will ask do ya believe it will be double digits??

[bluwolf] noway37 CORRECT,  VERY MUCH SO 

[blueblaze1962] bluwolf Are you of the opinion that the PTB are waiting for more of a financial crash to occur before the release?

[bluwolf] blueblaze1962 THAT IS THE SCREEN PLAY, YES

BLUWOLF - YOU KNOW I BELIEVE THAT ALL ASPECTS OF THESE QUESTIONS HAVE BEEN INFORMED TO YOU BY ME AND OTHERS, SO THAT TYPE OF QUESTION WILL STOP FOR THE MOMENT; WE ARE GOING SENSITIVE TALK NOW..

[captaincaveman ] Bluwolf Have you checked out the new emoticons? They may come in handy for you to use

[bluwolf] captaincaveman COOL BUT I DO NOT USE THEM

[starsearcher] bluwolf I rarely post but I wanted to thank you for your immense patience in answering questions and for being here with us. Can you please advise IYO would it be safe to cash in a small note to begin with and wait before cashing all in or cash all in ASAP?

[bluwolf] starsearcher ASAP

BLUWOLF -  WELL FOLKS, BEING THAT I CAN SEE THAT YOU NOW UNDERSTAND THE SENSITIVITY OF THIS PROCESS HOPEFULLY THESE QUESTIONS HAVE BEEN COVERED AND I AM IN THE OPINION THAT YOU UNDERSTAND THE IMPORTANCE OF SILENCE

[pulaski] bluwolf Any step closer to finding a wife

[bluwolf] pulaski NOT YET,BUT I KNOW SHE IS THERE SOMEWHERE

[leftylucy] bluwolf I have a question and apologize if it has already been asked. Can Iraq pay the tariffs with the dollar as they have used it for everything else so far?

[bluwolf] leftylucy NOPE

[hawaii50] Bluwolf: Saturday is the last day of June. You think we may celebrate this week? Many thanks, Bluwolf for your time.

[bluwolf] hawaii50 IT IS POSSIBLE

[hawaii50] Bluwolf: 1 year ago, June 30 or July 1 was Iraq's sovereignty. You think it could be a good way to celebrate with a new revalued currency?

[bluwolf] hawaii50 IT JUST MAYBE IT IS A POSSIBILITY

[firenice] bluwolf is the world financial system close enough to a complete collapse for the PTB to do the International release?

[bluwolf] firenice DO NOT WORRY, LET IT COLLAPSE. IT IS WHAT THEY WANT YOU TO BELIEVE, THE RELEASE WILL COME UNNOTICEABLE

[duffy] Bluewolf: What do you say that all of the negative non-believers send their dinar to us and we will cash it in a use it to bless a lot of other folks.

[bluwolf] duffy YEA THAT WILL BE GREAT. THING ARE IN ORDER TO NOT BELIEVE IN SOMETHING YET YOU MUST KNOW THAT IN FACT IT REALLY DOES EXIST

[ZTenor] Arwen that is because in the church you have a lot of people who are wolves in sheep’s clothing.....not rightly dividing the Word of Truth, but deceiving

[bluwolf] ZTenor CORRECT

[herenow] bluwolf there's a lot above. My guess is crash of Euro, followed by crash of US dollar.

[bluwolf] herenow ALL THE ABOVE, READ ANSWER TO FIRENICE

[aath] bluwolf, would you mind sharing a little info about yourself? Nothing specific of course that would disclose your personal self and privacy, but maybe something to help understand how you come by knowledge of finance, world markets, etc. Thanks in advance for whatever you feel comfortable sharing.

[bluwolf] aath EASY ANSWER I JUST ASK GOD TO MAKE ME WISE

BLUWOLF - ALL THE REST JUST CAME TO ME EASY BY MY RESEARCH. HEY IT IS ALL THERE; YOU JUST NEED TO CREATE THE INTERST. WELL IT'S BEEN FUN! GOOD DAY AND GOD BLESS ALL, NO BELIEVERS I FORGIVE YOU FOR YOU KNOW NO BETTER IN JESUS NAME I DO, HAPPY JOURNEYS, BLUWOLF OUT

[myprayerrealized] bluwolf Do you know if there will be a Code for the VND?

[bluwolf] myprayerrealized NO CODE FOR VND

[linsbish] bluwolf May God Bless You for everything, but please understand that we have all been standing in faith, and in the interim have been told all is done, china is demanding it finished, so how long then, can man hold it up for greed in their own pockets

[bluwolf] linsbish AS LONG AS IT TAKES FOR GOD IS IN CONTROL OF ALL THINGS TO BE..

BLUWOLF - ANSWER: THAT WAS THEN, THE SYSTEM HAS NOT CHANGED IT WILL COME INTO PLAY THIS AFTERNOON LIKE ALWAYS AT 5:15 PM EST SEEN IN THE USA; TOMORROW AT 9:15 AM EST. NOW THAT IS THE SYSTEM. ACCORDING TO ALL INVOLVED IN THIS INTERNATIONAL RELEASE THEY ARE ALL READY AND ON A SECOND TO SECOND ALERT TO GIVE FORTH THE CODES THAT YOU WILL NEED TO CASHIN. SEE THERE IS A DIFFERENCE..NOW I WRITE SIMPLE, UNDERSTAND THE DIFFERENCE NOW.

GENERALS CHAT, 26 JUNE


12:30 PM CDT 3sIntel dietcokeandice: generals64 SOOOOdo you think Okie will be the First to announce this RV

generals64: dietcokeandice :...I hope he is....a bunch of us got together and talked with Wells FArgo and told them it would be only befitting for him to call the deal...However, there are other people who think they are very important....

hardtorecall: generals64 any idea what the hold up is? Do they have to get rid of Maliki first?

generals64: hardtorecall :...I have told you personally....this has nothing to do with Iraq right now...Nada, nothing zero zip...seriously...
  generals64: dietcokeandice :...yesterday alone I got 117 phone calls....I listen
and then don't repeat unless it goes in line with the information people we have...If i repeated everything I am called about i would be typing 23 hours a day.

hardtorecall: generals64 I wish I knew what was going on!

generals64: hardtorecall :...why...nothing you can do about it...

generals64: OK...here is what I have been told it is happening right now ...tonight and no later than in the morning unless it doesn't happen and the people in reno have told us it will be close to $40..0 and the planes are ready but they don't run right now and we'll let you know when to set up your appointments because they might now happen, right now or tonight or no later than when the banks open next week...

hardtorecall: generals64 somehow I knew that was coming!

generals64: welcome to my world...

generals64: #4. I have burned up 4 cell phones.....#5...Even Roscoe runs and hides when the phone rings....and why?????I have kept you guys informed to the truth and nothing else....the others don't like that

mcmc: generals64 what is the truth today?

generals64: mcmc :...All kidding aside, our group of leadership ( if I might call it that) has decided to only tell what is verifiable....If we tell something...it goes to recaps and the fools come out in force....so, let's wait a little longer and see if what we are hearing is right.

I PROMISE to come in here with any and all verifiable information....I talk with the people who talk to the PTB daily....EVERY DAY....they know nothng either....I made a promise a long time ago that I wouldn't run and I won't....

dietcokeandice: generals64 SOOO WF rate changes and they call Okie and he announces the RV? Is this the way it is going to happen

generals64: dietcokeandice :...No.....that is too simple....why do YOU think I posted yesterday ..."Make sure your email address is attainable?....

generals64: dietcokeandice :...thanks...It doesn't matter to me which group someone joins it just matters that they do for the ability to be located....

Remember the people working on this are invested also and they will be cashing out themselves...

generals64: One thing is this and please remember this.....when you and I got into this investment we were hoping for around $3.50....stay grounded....No, I did not say that was the rate....

wisewarrior: generals64 sincerely, thank you for putting up with all of this crud. you are a blessing

generals64: wisewarrior :...No Problem...remember this isn't just about me...it's more about those that are completely lost in this whole thing....and, there are a bunch of those people

JUST HOPIN POST, 26 JUNE

JUST HOPIN - We are seeing more and more progress towards Iraq reforming their currency. This weekend we see evidence the CBI is purchasing equipment to environmentally destroy the old currency as it is withdrawn and today we see evidence of the CBI purchasing equipment to detect counterfeit currency..All of which is signs the CBI is preparing. Late last night a new report surfaces the parliament members and the finance committee are both on board to "revalue" the currency. Regardless of the monetary translation it is a great sign to see political agreement on an issue so dear to our investment. Also today we are seeing more and more news parliament is on path to pass the HCL law after more than five years of legislation and delays. The tariff law was apparently postponed today..which to some will not be a surprise. However I do believe all of this will come to form toward year-end along with other important matters facing Iraq (i.e.: Chapter VII, Currency reform, taxation, etc). So I see all of this as progress which is always a good sign!

SWFLORIDAGUY POST RELATED THE NEWS OF "THE IRAQI PARLIAMENT SUPPORTS THE CBI EFFORTS TO REVALUE THE IRAQI DINAR", 26 JUNE

06/26/2012

[SWFloridaGuy] There was an excellent article released. "The Iraqi Parliament and the Finance Committee supports the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency. The removal of three zeros is expected to raise the value of the Dinar as well as facilitate dealing with the currency and the payroll system in the country."

No country has ever accomplished what Iraq is about to. They have reached this stage with a lot of help and I propose this is by design and all part of the ingenious reconstruction plan for Iraq. Economic policy is influenced by international capital markets and also by foreign central banks. This revaluation is how the government of Iraq will reassert monetary sovereignty, dedollarize and give the citizens confidence in the national currency.

[SWFloridaGuy] Many overlook the psychological aspect and simply focus on the economic implications. Establishing their credibility is also a major factor, not only with their own citizens but also with international capital markets. Iraq must revalue their currency if they ever hope to be respected as a borrower and a location for private investment in the eyes of global capital markets. This is NOT going to be a case of redenomination. The Iraqi dinar is not being recalibrated due to years of struggling with hyperinflation. They are one of the wealthiest countries in the world and soon their currency will reflect that. These foreign central banks that have invested so heavily into the reconstruction of Iraq will prosper and Iraq's debts will be paid.

[SWFloridaGuy] FACT: Democratic governments only redenominate in response to hyperinflation. FACT: Authoritarian governments only redenominate in the presence of civil conflict. Neither of these conditions describe Iraq. I believe once the zeros are removed from the IQD the large notes will retain their value. I also believe a rate somewhere on par with the USD is realistic. Anywhere close to equal the USD would make it a historic revaluation. In my opinion this has all been part of a very well-orchestrated plan and the end result will be a very favorable outcome for all parties involved. We will see the removal of the zeros and a simultaneous revaluation of the currency.

[SWFloridaGuy] Locally the currency may be exchanged at branches of the Rafidain and Rasheed banks. The Iraqis will have a time limit to deposit all their dinars to facilitate the change into the lower denoms. Iraq is positioning themselves to become economic leaders both regionally and globally and no longer will they be isolated from the international community. Iraq got to where they are today with a lot of help. They received this help, not because they are a charity case, but rather because (like we do) others see Iraq's potential. Therefore in order to profit themselves, they have been willing to offer assistance in the reconstruction, rebuilding the infrastructure and revitalizing the banking sector, thus helping the CBI institute the framework for a functioning monetary policy that achieves stability. Simply put, a revaluation is an upward change in the currency's value and that is what is on the horizon for the Iraqi Dinar!

_________________


NEWS:




Parliament and Finance committee support revalue of Iraqi Dinar

ERBIL, June 25 (AKnews) – The Iraqi Parliament and the Finance Committee support the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency.
The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it. The smallest unit of the current Iraqi current is 250 Iraqi Dinars which is equivalent to $0.20
The removal of three zeros is expected to raise the value of the Dinar as well as facilitate dealing with the currency and the payroll system in the country.
The Iraqi government and the securities committee have sounded fear that the process will negatively affect the Iraqi stock exchange market.

A member of the Finance Committee Najeeba Najeeb told AKnews that “there is a trend in the attitude of the legislative authority to support the CBI to restructure the Iraqi currency and remove three zeros by early next year”

“This subject is starting to become more significant for the Finance Committee members and the Economic Committee day after day” she said, “though the preparations by the CBI to implement the process are ongoing, they are not complete yet”

According to Najeeba, the process of removing the zeros from the Iraqi Dinar will be implemented over a period of two years through governmental banks. Also, the new currency will include small bills and coins as well as large bills equaling about $180 each.

By Abdullah Sabri


BLUWOLF POST UPDATE, 26 JUNE


6-26-2012 Bluwolf: LOOK, IT RV'D MONTHS AGO. THIS IS JUST ITS MOVEMENT THRU ITS BANKING SYSTEM. YES, IT DID RV A WHILE BACK AND NOW WE AWIAT ITS INTERNATIONAL RELEASE. LOOK I MEAN NO DISRESPECT, BUT IF YOU RAELLY WANT TO KNOW WHERE THE TRUTH IS IT IS HERE AND WE SHALL HAVE THE ANSWERS TO THIS INTERNATIONAL RELEASE. UNDERSTAND THAT I CANNOT GIVE OUT MUCH BECAUSE WE NEED TO BE SAFE. WE NEED IT FUFILL. WE WANT THE BEST FOR ALL AND BOTH THE GOVERNMENT AND THE BANKING SYSTEM KNOWS THIS. WE HAVE COME ALONG WAY AND WE ARE FINALLY THERE. PLEASE HOLD THIS LAST THOUGHT AND PLEASE RELAX. THE CLOCK IS TICKING SECOND BY SECOND. GOT IT? ALL NEWS FROM THIS POINT ON IS JUST SMOKE. THERE WAS A TIME WHERE 1.49 WAS A BLESSING,THEN 3.22 WAS A BLESSING, NO WE WILL BE BLESSED WITH DOUBLE DIGITS, JUST WAIT AND ACCEPT THE END NUMBER. I CANNOT SHARE THE RATE NOR THE DATE, OK, I WANT IT DONE SAFELY AND QUICKLY. SO THAT IS WHY WE DO NOT SPEAK. PLEASE UNDERSTAND. IT IS NO LONGER IN IRAQ'S HANDS. THERE POLITICAL ISSUES ARE OF NO CONCERN FOR THE INTERNATIONAL RELEASE. IRAQ IS JUST WAITING FOR THE INTERNATIONAL RELEASE JUST AS WE ARE.

Raise the zeros in the book, 26 JUNE


Raise the zeros in the book

Babinaoz (Reuters) – newly released book titled ((studies and views in the process of lifting of the zeroes)) The economist and Associate Dean of the Faculty of Business and Economics at the University of Mustansiriya Dr. Falah Hassan Thuwaini, and address book, which came with 216 pages of medium size, dozens of opinions, articles and research dealt with in detail in place to delete the zeros from the currency, offering at the same time all the matter from the issues of positive can be reflected on the economic reality in general, as well as touched on some aspects of the topics addressed in the book to issues that can be negative in the same subject.
included book, which was keen to edit the author smoothly Bjzeen contains the first on dozens of topics pertaining to the process of deleting the zeros of a number of experts and researchers in the economic aspect, where issues such topics Search The economist and deputy central bank governor Dr appearance Mamedsaleh titled ((restructuring of the Iraqi currency )), as well as dozens of research reports and other articles which dealt in some detail with the subject, the book contains also other studies of the economist, Dr. Ahmed Abreha titled ((delete the zeros)), and another study by Dr. Joseph Hadjim Tai titled ((delete zeros is it a solution or create a new problem?)).
and address the author as well as the studies analyzed all aspects of the process of removing the zeros, reviewing during these studies that can accompany the process of failures, trying (Author) find ways true to avoid such failures and as stated in his own titled ((explore to try to raise zeros from the currency in Iraq) where he addressed Dr. Thwainimbrrat raise zeros from the currency, saying that the process of lifting the zeros or re-label differs radically from the process of devaluation, pointing out that any process of change of the currency or raise zeros by can tolerate variation is in effect which will reflect on the society, stressing that the deletion of zeros does not check the loss of purchasing power of society but remain the same while entail a loss in purchasing power for the process of devaluation, and the author tries in this area to send messages of reassurance to the public, who expressed fear of the process of removing the zeroes. He Thuwaini during his research into the advantages and disadvantages of the deletion process, saying that the operation is one of the justifications for power in the control of the trends of money supply, as well as that it is investigating a goal financially is the stability of the currency and the absorption of the surplus that results from high rates of inflation.
and address book also A collection of articles and opinions published in many of the media and addressed the issue of deletion of zeros, as well as a range of views of the private sector and some community-based organizations involved in developing the Iraqi economy.
http://bit.ly/LNvRw3

Iraqi Legislature supports deletion of zeros on currency; CBI says it has completed roadmap, 26 JUNE


Iraqi Legislature supports deletion of zeros on currency; CBI says it has completed roadmap

he legislature directed the CBI to support the deletion of zeros on the currency
25/06/2012 19:13
Erbil, June 25 (Rn) – The Finance Committee of the House of Representatives of ethnic Monday that the legislature go to support the central bank policy on the removal of zeros from the currency.
central bank says it completed a road map to get rid of three zeros from the currency to reduce the mass Cash and ease of financial transactions in line with the new situation of the Iraqi economy. But the government and the Securities Commission Ibdita Khchithma that affect the process negatively on the financial trading market in Iraq Stock Exchange.
A member of the Finance Committee parliamentary Najiba Najib told the Kurdish news agency (Rn) that “there is a tendency by the legislature to support a political central bank to restructure the Iraqi currency and delete zeros at the beginning of next year. ” She explained that “the subject began to mature day by day for the members of the Finance Committee and the Economic Commission,” noting that “the preparations of the central bank to implement the project under way but it is not incomplete until now. “
The market is in weeks fluctuation in the exchange rate of the dinar against the U.S. dollar, which cited experts to restrictions imposed by the Bank on sales of hard currency. and the imposition of bank procedures more stringent in the auction to sell the dollar after it said that the currency you go to countries neighbors, especially Syria and Iran imposed upon economic sanctions. and drew Najib is Deputy for the Kurdistan Alliance that “the project will be implemented over two years by government banks, and will be part of the new currency coins of small denominations as there will be coins large corresponding to $ 180-200 thousand Iraqi dinars from the current currency. “
she said, “through discussions extensive with the central bank and what has been providing us with the studies from the World Bank, the project aims to support the Iraqi currency as well as introduction of new categories of currency markets as well as reduce the size of the money supply, as well as the inclusion of the two languages Arabic and Kurdish in the currency. “
The main tasks of the Central Bank in managing monetary policy in the country and raise the level of the value of Iraqi dinar and deal with inflation in the country. the Iraqi Central Bank and four branches in Basra and Sulaymaniyah, Erbil and Mosul.
http://bit.ly/LO6FWi

DINARWISHES POST, 26 JUNE


8:41 AM DinarWishes: Well Peeps things look really great for this to come to a close.... I know we have heard so many times its done, we are there, it cant be stopped, there's no turning back, and soon, imminent, this weekend, today, tonight, tomorrow, the Hype is Suffocating.....

Things that are important at this time are making sure you have a list of local professionals you want to interview so you can make sure they understand your needs wants and goals.....

Don't Stop at the first one because you have warm fuzzies....
 You can always go back to them if you dont find anyone else that suits your expectations....... Having a plan of action.... What will you do first??? Pay off your bills? Go on Vacation? Finally have a decent reliable car???

Make a plan and work the plan in your head and make sure you’re not doing step 7 when you need to be on step 2....

8:47 AM DinarWishes: Most of you have seen the Videos of How the Lotery Ruined my life..... Google it... Read the stories, watch the video, and you will see a pattern that continually comes around.....

Money does strange things to a person.... the freedom to buy whatever you want is limited to how much money you have in the bank.....

its like this.... Have you ever eaten something and wished you would have slowed down to enjoy it because it was gone before you knew it????

When this comes about the length of time you get to enjoy it depends on how fast you eat it.... and if you let other people eat it with you it will go even faster....

BLUWOLF CHAT, 26 JUNE


Frenchy] bluwolf I am Looking at a Modest House a New Subaru, Setting My Children up, Helping as Many Others as I can doing Gods work. My Only Hope is this does not go into July.

[bluwolf] Frenchy NOW WHY IS EVERYBODY SO CONCERN ABOUT IT GOING INTO JULY?? IT IS WHAT IT IS AND WE HAVE TO WAIT IF IT DOES,,IT WILL BE AROUND IN A SECOND TO SECOND ORDEAL..

nostradamas] bluwolf tic toc tic toc  

 [bluwolf] nostradamas YES

[IshMan] Bluwolf. Do you know of the AKNews article on the CBI announcement of deleting zeros and the largest small denom bill expected to have $180 exchange value? I can't confirm url provided. Suggesting an RI. Smoke? Real?

 [bluwolf] IshMan LOOKED IT RV MONTHS AGO,,THIS IS JUST ITS MOVEMENT THRU ITS BANKING SYSTEM..
[bluwolf] IT IS NOTHING NEW

 [IshMan] bluwolf What do you think of it moving through banking system at a reported exchange rate target which will generate about a $50B deficit with current Iraq budget. Would have to move up sharply for plan to work out & avoid deficit spending.

[Ribeye] bluwolf When you say it rv'd month's ago, does that mean the world banks are operating with two sets of books?

 [Preciousdaughter] Waitning on that International Release...where is it??? Come on.. IR!!!!

 [bluwolf] IshMan IT IS TO LATE FOR THAT NOW,,WE ARE IN DEPRESSION AND SO IS THE WORLD,,MACHO EGOS DESTROY ALL ECONOMIC GROWTH

crawdaddy] bluwolf this is what confuses me, you say it rv'ed months ago, but its the same value that it was, wouldnt you have to say it hasnt rv'ed til the value has changed? is someone, somewhere trading the iqd at a higher value somewhere?

bluwolf] crawdaddy LOOK NOT ONLY I SO HAS OKIE AND MANY OTHERS,,PLEASE DO YOUR REASERCH,,READ BACK AND DO NOT KEEP ON WITH INVENTED DOUBTS JUST TO CREATE HAVOC,,YES IT DID RV A WHILE BACK AND NOW WE AWIAT ITS INTERNATIONAL RELEASE,,LIKE OKIE SAYS,,NUFF SAID,LIKE I SAY,,PERIOD

[bluwolf] LOOK I MEAN NO DISRESPECT,,BUT IF YOU RAELLY WANT TO KNOW WHERE THE TRUTH IS,,IT IS HERE AND WE SHALL HAVE THE ANSWERS TO THIS INTERNATIONAL RELEASE,PLEASE DO NOT STRAY INTO THE DARKNESS OF SOME REALLY BAD PEOPLE WHOS ONLY AGENDAS IS TO CONFUSE YOU BY ALL MEANS,,BACK OKIE UP AND BACK ME UP, AS WELL AS SOONERFAN,BULLDOG, STUDLEY AND FOOTFORWARD..WE ARE FOREVER LURKING ON ALL THE ANGLES AND ONCE WE HAVE THE CLEARENCE WE WILL SHARE IT WITH ALL..LOL BLUWOLF

 [Frenchy] bluwolf I am Only registered here in this Chat only one I have ever been on, Because I do Trust you guys...If I rely on Me I would be a Mess.. Because Very Little in the Media is the Truth or Fact. Bless You and Okie and Bulldog75 and Soonerfan and all the others for Bringing us the truth. You Guys are so Patient with Human Nature.  

[bluwolf] crawdaddy Frenchy YOU ARE BOTH OK BY ME I GOT YOUR BACK,BUT PLEASE UNDERSTAND THAT I CANNOT GIVE OUT MUCH BECAUSE WE NEED TO BE SAFE,,WE NEED IT FORFILL,,WE WANT THE BEST FOR ALL,,AND BOTH THE GOVERNMENT AND THE BANKING SYSTEM KNOWS THIS.. WE HAVE COME ALONG WAY AND WE ARE FINALLY THERE,,PLEASE HOLD THIS LAST THOUGHT AND PLEASE RELAX..THE CLOCK IS TICKING SECOND BY SECOND GOT IT

[Ribeye] bluwolf People can deal with facts, good or bad. It's the 'unknown' that drives one crazy! If one has no faith, then they become completely insane!

bluwolf] Ribeye A LACK OF FAITH CAN CREATE A HUGH HOLE TO GET OUT FROM

[granny49] bluwolf do you understand what is going on with all the media being shut down in Iraq?

 [bluwolf] granny49 PROGRESS

[Searcher] bluwolf we know that you tell us what you guys can. Having been in communications in the service, I fully understand that there is stuff one just cant talk about. All I can say is that I trust you and do listen to your advice.

 [bluwolf] blessedandhighlyfavored TAKE CARE OF YOURSELF AND YOUR LOVE ONES FIRST,,YOU WILL HAVE PLENTY OF TIME FOR THE REST LATER

blessedinohio] bluwolf An article just came out postponing the tariff law for a year. Does that impact us? Do we even trust the National Iraqi News Agency site? Maybe just smoke...

 [bluwolf] blessedinohio ALL NEWS FROM THIS POINT ON IS JUST SMOKE

ENORRSTE POST, 26 JUNE

6-26-2012 Enorrste: I will state that I believe we are very close at this time...while we have speculated on timing now and then, we aren't so bold as to name an actual date. 

We always keep the door open since the situation is "fluid" and involves a great deal of politics. We are confident, however, that the trigger could be pulled at any moment now. 

Shabibi is on record that "all preparations are complete and we are only awaiting consensus among parliament and the government to move forward".

HAMMERMAN POST, 26 JUNE

6-25-2012 Hammerman: China is really under the gun to get this done.  All documents are signed.  The RV is set for a worldwide announcement.  I would think they would get this done by Thursday. All this money will come back to China in the long run.

 It doesn't have to be done by Thursday but my contacts told me that 23 countries will RV by Friday and the main ones are Iraq and Vietnam. I can't prove this but it's what my solid sources are telling me.

 The dong will be in the mid teens with or without Iraq. The dinar will be closer to the RI rate. Last night 48 media organizations were closed down in Iraq then an additional 11 were ordered to shut down. 

They are trying to keep information from getting out. Iraq passed 20 laws, 6 of them were related to the RV over the weekend.  3 more were passed today. Also, the CBI put some articles stating that they were doing a test run, 2 day trial period on the smart cards. They also said to prepare for new coins and new bills on the street. The HCL and Erbil were both done on Friday according to my sources.  Point blank, it's a finished deal.  It's a finished, finished thing.  Over done.

TONY POST, 26 JUNE

6-25-2012 Tony (PTR): There is nothing negative going on, just confusion on the rate and the exact date.  That's it.  We already know it's done. 

They've already announced it. The whole banking system, the 3 zeros, the articles about removing them, about everything the US is involved in is over and completed. 

Even if it took to the first of January which I don't think it would take that long, 6 months is nothing but I don't believe we have to wait that long.  I think we have to wait only 6 days.  We do know it's happening
.

BLAINO POST, 26 JUNE

6-25-2012 Blaino: Over the last 48hrs I had confirmations from the CBI that this was done on Sunday the 10th.  Then the in-fighting came and delayed it

It's happened 4 times since the 10th but they are getting closer. I also got a report that there are a number of VIP banker types setting up exchange opportunities.

BLUWOLF POST, 26 JUNE

BUENAS NOCHES, THOUGH YOU WANT INFORMATION, ALL I AM GOING TO SAY FROM MY BEHALF IS THAT ALL HAS BEEN QUIET TODAY AND THAT IS GOOD.  ISSUES HAVE BEEN TAKEN CARE OF AND WE ARE STILL WAITING FOR WORD FROM OUR SOURCES ON THE CODES.  ALL HAS BEEN SAID, ALL IS GOOD.  THE BUYING OF TIME HAS REACHED IT'S LIMITS.  I MUST GO, VERY TIRED.  WAS FIGHTING A BIG BUSH FIRE IN MY HOME TOWN SINCE YESTERDAY.  GOT BACK EARLY THIS AM. BLUWOLF BE BLESSED.

THE JOURNEY WILL BE OVER SOON...BELIEVE

SPECIFICS ARE ONLY IN THE MIND OF THE NON BELIEVER...THE WORD SOON IS WHAT IT IS, MEANING CLOSE, AT ANY MOMENT.  BUT THOSE OF US WHO BELIEVE, KNOW THAT ALL HAS BEEN DONE AND THAT THIS BLESSING IS ALREADY HERE AND SHALL BE GIVEN OUT SHORTLY...THERE IS NO DOUBT IN MY MIND...BLUWOLF

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